Bank of Japan Expected to Announce 25 Basis Point Rate Hike, Raising Benchmark Rate to 0.5% ————— NFA.
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Source: CoinOtag
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New Solana Memecoin Musk Buys XRP (MUSKXRP) Will Skyrocket Over 13,000% Before Exchange Listings
Musk Buys XRP could turn early investors into multi-millionaires, like other memecoins, such as Shiba Inu (SHIB) and Dogecoin (DOGE), did. Musk Buys XRP (MUSKXRP), a Solana memecoin launched today, is set to explode over 13,000% in price in the coming days. This is because MUSKXRP is set to soon be listed on numerous crypto exchanges, according to reports. This will give the Solana memecoin exposure to millions of additional investors, who will pour funds into the coin and cause its price to rally, which will benefit investors who buy before these new exchange listings. Currently, Musk Buys XRP can only be purchased via Solana decentralized exchanges, like Jup.ag and Raydium.io, and early investors stand to make huge returns in the coming days. Early investors in SHIB and DOGE made astronomical returns, and Musk Buys XRP could become the next viral memecoin. Musk Buys XRP launched with over $8,000 of liquidity, giving it a unique advantage over the majority of other new memecoins, and early investors could make huge gains. How to Buy To buy Musk Buys XRP on Raydium.io or Jup.ag ahead of the CEX listings, users need to connect their Solflare, MetaMask or Phantom wallet, and swap Solana for Musk Buys XRP by entering its contract address – FVAvgfVYwkgDkDhuKZ4Js41d64LHUsbMRoVzCyJUExtq – in the receiving field. If you don’t have one of these wallets already, you can create a new wallet in a few minutes and transfer some Solana to it (which will then be used to buy the memecoin), from an exchange like Coinbase, Binance and many others. Early investors could make returns similar to those who invested in Shiba Inu (SHIB) and Dogecoin (DOGE) before these memecoins went viral and exploded in price. If this happens, a new wave of memecoin millionaires could be created in a matter of weeks – or potentially even sooner. The Solana memecoin craze continues amid larger memecoins, like Shiba Inu (SHIB), Dogecoin (DOGE) and DogWifHat (WIF) trading sideways in recent weeks and losing momentum. This is why many SHIB, DOGE and WIF investors are instead investing in new Solana memecoins, like MUSKXRP. Such memecoins have no utility and no inherent value, but investors looking for high gains have been investing in them due to their potential to rapidly rise in price. CoinOtag
XRP Price Dips Back to Support: Consolidation or Breakdown Ahead?
XRP price struggled to continue higher above the $3.25 level. The price is now correcting gains and might find bids near the $3.00 level. XRP price started a downside correction from the $3.250 zone. The price is now trading below $3.150 and the 100-hourly Simple Moving Average. There is a connecting bearish trend line forming with resistance at $3.10 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair might start a fresh increase if it stays above the $3.00 support. XRP Price Dips To Support XRP price managed to start a fresh increase from the $3.050 support zone, but upsides were limited compared to Bitcoin . The price was able to surpass the $3.150 level before the bears appeared. A high was formed at $3.25 and the price corrected all gains. A low was formed at $3.035 and the price is now consolidating below the 23.6% Fib retracement level of the downward move from the $3.285 swing high to the $3.035 low. The price is now trading below $3.15 and the 100-hourly Simple Moving Average . On the upside, the price might face resistance near the $3.10 level. There is also a connecting bearish trend line forming with resistance at $3.10 on the hourly chart of the XRP/USD pair. The first major resistance is near the $3.160 level or the 50% Fib retracement level of the downward move from the $3.285 swing high to the $3.035 low. The next resistance is $3.20. A clear move above the $3.20 resistance might send the price toward the $3.250 resistance. Any more gains might send the price toward the $3.350 resistance or even $3.3650 in the near term. The next major hurdle for the bulls might be $3.450. More Losses? If XRP fails to clear the $3.10 resistance zone, it could start another decline. Initial support on the downside is near the $3.050 level. The next major support is near the $3.00 level. If there is a downside break and a close below the $3.00 level, the price might continue to decline toward the $2.880 support. The next major support sits near the $2.750 zone. Technical Indicators Hourly MACD – The MACD for XRP/USD is now gaining pace in the bearish zone. Hourly RSI (Relative Strength Index) – The RSI for XRP/USD is now below the 50 level. Major Support Levels – $3.050 and $3.00. Major Resistance Levels – $3.10 and $3.20. CoinOtag